LECLERC-VANHOUTTEGHEM: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LECLERC-VANHOUTTEGHEM
Largest movements
- Tangible fixed assets -€40,291
down €40,291 (-9.1%), from €443,263 to €402,972
of which Land and buildings: -€20,529
- Profit (loss) carried forward -€18,800
down €18,800 (-6.7%), from -€280,612 to -€299,411
- Other debts -€11,347
down €11,347 (-2.5%), from €451,536 to €440,188
- Debts after one year -€6,707
down €6,707 (-12.6%), from €53,414 to €46,707
- Gross operating margin +€1,198
up €1,198 (+5.5%), from €21,696 to €22,894
- Depreciation +€886
up €886 (+2.2%), from €39,405 to €40,291
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €445,446 | €404,259 | -€41,187 | -9.2% |
| Fixed assets | 21/28 | €443,263 | €402,972 | -€40,291 | -9.1% |
| Tangible fixed assets | 22/27 | €443,263 | €402,972 | -€40,291 | -9.1% |
| Land and buildings | 22 | €368,243 | €347,714 | -€20,529 | -5.6% |
| Plant, machinery and equipment | 23 | €75,020 | €55,258 | -€19,762 | -26.3% |
| Current assets | 29/58 | €2,183 | €1,287 | -€896 | -41.0% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,183 | €1,287 | -€896 | -41.0% |
| Total equity and liabilities | 10/49 | €445,446 | €404,259 | -€41,187 | -9.2% |
| Equity | 10/15 | -€106,013 | -€124,813 | -€18,800 | -17.7% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Revaluation surpluses | 12 | €111,325 | €111,325 | = | 0.0% |
| Reserves | 13 | €773 | €773 | = | 0.0% |
| Non-distributable reserves | 130/1 | €161 | €161 | = | 0.0% |
| Legal reserve | 130 | €161 | €161 | = | 0.0% |
| Distributable reserves | 133 | €612 | €612 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€280,612 | -€299,411 | -€18,800 | -6.7% |
| Provisions and deferred taxes | 16 | €39,904 | €35,471 | -€4,434 | -11.1% |
| Deferred taxes | 168 | €39,904 | €35,471 | -€4,434 | -11.1% |
| Amounts payable | 17/49 | €511,555 | €493,602 | -€17,953 | -3.5% |
| Amounts payable after more than one year | 17 | €53,414 | €46,707 | -€6,707 | -12.6% |
| Financial debts | 170/4 | €53,414 | €46,707 | -€6,707 | -12.6% |
| Amounts payable within one year | 42/48 | €458,142 | €446,895 | -€11,246 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €6,586 | €6,707 | +€121 | +1.8% |
| Trade debts | 44 | €20 | - | -€20 | |
| Suppliers | 440/4 | €20 | - | -€20 | |
| Other amounts payable | 47/48 | €451,536 | €440,188 | -€11,347 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,405 | €40,291 | +€886 | +2.2% |
| Other operating charges | 640/8 | €4,447 | €4,587 | +€140 | +3.1% |
| Gross operating margin | 9900 | €21,696 | €22,894 | +€1,198 | +5.5% |
| Operating profit (loss) | 9901 | -€22,156 | -€21,984 | +€172 | +0.8% |
| Financial charges | 65/66B | €1,367 | €1,250 | -€117 | -8.6% |
| Recurring financial charges | 65 | €1,367 | €1,250 | -€117 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,523 | -€23,234 | +€289 | +1.2% |
| Transfer from deferred taxes | 780 | €4,434 | €4,434 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€19,089 | -€18,800 | +€289 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,089 | -€18,800 | +€289 | +1.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.